Nicolas Iacoviello

Paul Newsome

Jon Paul Newsome

- **Universal Insurance Holdings (UVE)** reported **adjusted diluted earnings per common share of $1.36** for Q3 2025, a significant improvement from an adjusted loss of **$0.73** in the prior year quarter, and achieved a **30.6% adjusted return on common equity**.  **[0000891166_2202279_1]** **[0000891166_2202279_0]** 
- **Core revenue** grew **4.9%** year-over-year to **$400 million**, driven by higher net premiums earned, net investment income, and commission revenue.  **[0000891166_2202279_1]**  **Direct premiums written** increased **3.2%** to **$592.8 million**, with **22.2% growth** in other states offsetting a **2.6% decrease** in Florida.  **[0000891166_2202279_1]** 
- The **net combined ratio** improved by **20.5 points** to **96.4%**, and the **net loss ratio** decreased **21.5 points** to **70.2%**, primarily due to the absence of hurricane activity in the current quarter compared to the prior year.  **[0000891166_2202279_1]** 
- The company repurchased approximately **347,000 shares** for **$8.1 million** and declared a quarterly cash dividend of **$0.16 per share**.  **[0000891166_2202279_1]** 
- Management highlighted a more conservative reserving process, believing they are in a very strong position regarding current and prior accident year reserves, with **$3.9 million** related to prior year catastrophe development booked in the quarter.  **[0000891166_2202279_0]** **[0000891166_2202279_2]**

Universal Insurance Holdings Reports Strong Q3 2025 Earnings and Improved Underwriting Results

- Universal Insurance Holdings reported **adjusted diluted earnings per common share of $1.36** for Q3 2025, compared to an adjusted loss per common share of $0.73 in the prior year quarter, and achieved a **30.6% adjusted return on common equity**.  **[0000891166_2202784_0]** **[0000891166_2202784_1]** 
- **Core revenue for Q3 2025 was $400 million**, an increase of **4.9% year-over-year**, primarily due to higher net premiums earned, net investment income, and commission revenue.  **[0000891166_2202784_1]** 
- The company's **net combined ratio improved to 96.4%**, down **20.5 points** from the prior year quarter, largely driven by a **70.2% net loss ratio** which was **21.5 points lower** than the prior year, reflecting the absence of hurricane activity in the current quarter.  **[0000891166_2202784_1]** 
- During the quarter, Universal repurchased approximately **347,000 shares at an aggregate cost of $8.1 million** and declared a quarterly cash dividend of **$0.16 per share**.  **[0000891166_2202784_1]** 
- Management emphasized a **conservative reserving process** and believes the company is in a **very strong position** regarding current and prior accident year reserves, with potential adjustments to their reserving philosophy to be considered in early 2026.  **[0000891166_2202784_0]** **[0000891166_2202784_1]**

Universal Insurance Holdings Reports Strong Q3 2025 Results

- Universal reported **adjusted diluted earnings per common share of $1.36** and a **30.6% adjusted return on common equity** for Q3 2025.  **[0000891166_2202303_0]** **[0000891166_2202303_1]** 
- **Core revenue increased by 4.9% year over year to $400 million**, with **direct premiums written up 3.2% to $592.8 million**, driven by **22.2% growth in other states** partially offsetting a **2.6% decrease in Florida**.  **[0000891166_2202303_1]** 
- The company's **net combined ratio improved significantly to 96.4%**, down **20.5 points** from the prior year quarter, primarily due to a **70.2% net loss ratio** which was **21.5 points lower** due to the absence of hurricane activity in the current quarter.  **[0000891166_2202303_1]** 
- During the quarter, Universal **repurchased approximately 347,000 shares for $8.1 million** and declared a **quarterly cash dividend of $0.16 per share**.  **[0000891166_2202303_1]**

Universal Reports Strong Q3 2025 Earnings with Improved Underwriting and Capital Returns

- Universal reported an adjusted diluted earnings per common share of **$1.36** and a **30.6%** adjusted return on common equity for Q3 2025.  **[0000891166_2202789_0]** **[0000891166_2202789_1]**  Core revenue increased **4.9%** year-over-year to **$400 million**, driven by higher net premiums earned, net investment income, and commission revenue.  **[0000891166_2202789_1]** 
- The net combined ratio significantly improved by **20.5 points** to **96.4%**, primarily due to a **21.5-point** decrease in the net loss ratio to **70.2%**, attributed to the absence of hurricane activity in Q3 2025 compared to the prior year.  **[0000891166_2202789_1]**  Direct premiums written grew **3.2%** to **$592.8 million**, with **22.2%** growth in other states offsetting a **2.6%** decrease in Florida.  **[0000891166_2202789_1]** 
- The company repurchased approximately **347,000 shares** for **$8.1 million** and declared a quarterly cash dividend of **$0.16 per share**.  **[0000891166_2202789_1]**  Management noted a more conservative reserving process, believing they are in a strong position regarding current and prior accident year reserves, with **$3.9 million** related to prior year catastrophe development booked in the quarter.  **[0000891166_2202789_0]** **[0000891166_2202789_2]**

UNIVERSAL INSURANCE HOLDINGS (UVE)